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Canada: BDC creates a CAD 150 million Sustainability Venture Fund

Description

On 18 April 2023, the Business Development Bank of Canada (BDC) announced the creation of a CAD 150 million (USD 112.5 million) Sustainability Venture Fund (SVF) to support the development of technolo...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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